New Delhi: Harley-Davidson’s India exit has left a number of people in the dark. Its dealers are heavily hit.
FADA said that Harley dealers were not informed about the exit earlier and they received only a ‘very minor compensation’ from the American company.
The company is reportedly paying a compensation package of ₹1,500 per sqft with a 10 per cent annual value-depreciated rate and a 6-month reimbursement of the margins of sale.
Hero Motocorp will be taking over Harley’s Indian operations but the process will take at least 6 months.
The number of dealerships has reduced to 13-14 from 33.
Bhadrak: A woman from Gujarat allegedly consumed phenyl in an attempt to kill herself inside…
Mumbai: After several hurdles and controversies, actor-turned-politician Kangana Ranaut’s political drama ‘Emergency' is running in…
Bhubaneswar: Ahead of Donald Trump's swearing-in ceremony, business tycoon Mukesh Ambani and his wife Nita…
Bhubaneswar: Around 50 people were stranded in Odisha's Chilika lake as the boat ferrying them…
Bhubaneswar: The two-day 3rd National Mining Ministers’ Conference will begin at Konark in Odisha on…
Deogarh: Five children were hospitalised as they fell ill after consuming fertiliser mistaking it as…
This website uses cookies.
